ECONOMY

The Central Bank of Nigeria (CBN) has moved aggressively to restore public confidence in the nation's digital banking ecosystem, issuing a stringent directive that mandates commercial banks to fully reimburse...

The Nigerian Naira has demonstrated a marginal appreciation against the US dollar in the closely watched parallel (black) market, trading at an average of ₦1,460 to the dollar today, Wednesday,...

Global crude oil prices are climbing, driven by a tight supply outlook reaffirmed by the OPEC+ alliance and intensifying geopolitical risks that threaten stability in key production and transit regions....

In a major strategic move to revitalize its underperforming oil sector, the Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has officially launched the Nigeria 2025 Oil and...

The competitive landscape for dedicated Internet Service Providers (ISPs) in Nigeria is undergoing a rapid and unsettling consolidation, with official data showing a significant contraction in the market and a...

The latest data from the National Bureau of Statistics (NBS) for Q3 2025 has unequivocally confirmed that Nigeria's economic trajectory is now driven by its non-oil sectors, with Agriculture, Information...

The National Bureau of Statistics (NBS) released its Gross Domestic Product (GDP) report for the third quarter (Q3) of 2025, confirming that the Nigerian economy grew by 3.98% in real...

Nigeria's capital market is setting its sights on a new era of efficiency, with key stakeholders initiating plans to transition the stock market to an ambitious T+1 (Trade Day plus...

In a dramatic intervention set to fundamentally alter Nigeria's downstream petroleum sector, the Dangote Petroleum Refinery has formally committed to supplying 1.5 billion litres of Premium Motor Spirit (PMS) or...

The naira showed signs of stability in early trading today, offering a brief window of relief for importers, manufacturers, and businesses that have struggled under persistent exchange rate volatility in...